April 25, 2024

UK Seeks to Spur Business Investment With Coordinated Ministerial Push

Ministers will be urged to remove barriers and speed up decisions to boost investment in the UK at an inaugural meeting of a cross-government panel led by Chancellor of the Exchequer Jeremy Hunt.

The new committee will meet soon and will be attended by Business Secretary Kemi Badenoch and senior figures from most other government departments, Dominic Johnson, the UK’s investment minister, said in an interview. Its formation was one of several proposals by Richard Harrington, a former business minister who published a review into foreign direct investment in November.

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